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Private industry employer costs for employee compensation among the four regions of the country ranged from $38.48 per hour in the South to $52.32 in the Northeast in December 2023.
Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.6 percent in February.
In 2023, the broadest measure of labor underutilization, designated U-6, was 4.0 percent in North Dakota, significantly lower than the 6.9-percent rate for the nation.
Data Series | Back Data |
Aug 2023 |
Sept 2023 |
Oct 2023 |
Nov 2023 |
Dec 2023 |
Jan 2024 |
---|---|---|---|---|---|---|---|
Civilian Labor Force(1) |
(r)416.5 | (r)416.7 | (r)416.8 | (r)417.0 | (r)417.1 | (p)417.5 | |
Employment(1) |
(r)409.0 | (r)408.9 | (r)409.0 | (r)409.1 | (r)409.2 | (p)409.4 | |
Unemployment(1) |
(r)7.6 | (r)7.7 | (r)7.9 | (r)7.9 | (r)7.9 | (p)8.0 | |
Unemployment Rate(2) |
(r)1.8 | (r)1.9 | (r)1.9 | (r)1.9 | (r)1.9 | (p)1.9 | |
Total Nonfarm(3) |
438.6 | 439.1 | 440.4 | 440.4 | 440.6 | (p)441.6 | |
12-month % change |
1.9 | 1.9 | 2.0 | 1.7 | 1.8 | (p)1.5 | |
Mining and Logging(3) |
18.3 | 18.2 | 18.5 | 18.7 | 18.5 | (p)18.9 | |
12-month % change |
8.9 | 6.4 | 8.2 | 8.1 | 5.7 | (p)7.4 | |
Construction(3) |
27.9 | 27.8 | 27.8 | 27.4 | 27.5 | (p)27.1 | |
12-month % change |
6.5 | 4.9 | 4.9 | 1.5 | 3.0 | (p)-3.2 | |
Manufacturing(3) |
28.6 | 28.7 | 28.8 | 28.7 | 28.6 | (p)29.0 | |
12-month % change |
4.0 | 4.0 | 4.0 | 3.6 | 2.9 | (p)3.9 | |
Trade, Transportation, and Utilities(3) |
92.4 | 92.6 | 93.0 | 93.2 | 93.4 | (p)93.1 | |
12-month % change |
2.0 | 1.9 | 2.3 | 2.8 | 2.3 | (p)2.0 | |
Information(3) |
5.5 | 5.4 | 5.4 | 5.3 | 5.4 | (p)5.4 | |
12-month % change |
-6.8 | -6.9 | -6.9 | -8.6 | -5.3 | (p)-5.3 | |
Financial Activities(3) |
25.1 | 25.1 | 25.3 | 25.1 | 25.0 | (p)25.0 | |
12-month % change |
1.2 | 1.2 | 0.8 | 0.4 | 0.0 | (p)0.0 | |
Professional & Business Services(3) |
35.0 | 35.2 | 34.8 | 34.9 | 34.4 | (p)34.3 | |
12-month % change |
0.3 | 0.3 | 0.9 | -0.6 | -0.6 | (p)0.0 | |
Education & Health Services(3) |
67.9 | 67.7 | 68.2 | 68.6 | 68.7 | (p)69.7 | |
12-month % change |
0.1 | -0.1 | 0.6 | 1.6 | 1.8 | (p)3.0 | |
Leisure & Hospitality(3) |
40.0 | 40.1 | 39.8 | 39.9 | 40.1 | (p)39.9 | |
12-month % change |
2.0 | 2.3 | 1.0 | 1.0 | 2.3 | (p)-0.7 | |
Other Services(3) |
15.3 | 15.3 | 15.4 | 15.4 | 15.7 | (p)15.7 | |
12-month % change |
4.1 | 3.4 | 2.7 | 3.4 | 5.4 | (p)4.7 | |
Government(3) |
82.6 | 83.0 | 83.4 | 83.2 | 83.3 | (p)83.5 | |
12-month % change |
0.9 | 2.2 | 1.8 | 0.8 | 1.1 | (p)1.6 | |
Footnotes |